Housing Virginia Campaign Inc
Housing Virginia Campaign Inc shows consistent growth and strong financial health with zero reported officer compensation.
EIN: 200631947 · Richmond, VA · NTEE: L192 · Updated: 2026-03-28
Is Housing Virginia Campaign Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Housing Virginia Campaign Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Housing Virginia Campaign Inc
Housing Virginia Campaign Inc (EIN: 200631947) is a nonprofit organization based in Richmond, VA, classified under NTEE code L192. The organization reported total revenue of $1.3M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Virginia Campaign Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Housing Virginia Campaign Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Housing Virginia Campaign Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with over $1 million in annual revenue, and suggests a strong dedication to directing funds towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Housing Virginia Campaign Inc:
- Consistent revenue growth, from $385,240 in 2015 to $1,072,443 in 2023.
- Strong asset growth, increasing from $204,648 in 2015 to $863,837 in 2023.
- Zero reported officer compensation across all filings, indicating high program focus.
- Low liabilities relative to assets, suggesting good financial stability and liquidity.
- Positive net income in most recent years, demonstrating effective expense management.
Frequently Asked Questions about Housing Virginia Campaign Inc
Is Housing Virginia Campaign Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Virginia Campaign Inc (EIN: 200631947) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Housing Virginia Campaign Inc spend its money?
Housing Virginia Campaign Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Housing Virginia Campaign Inc tax-deductible?
Housing Virginia Campaign Inc is registered as a tax-exempt nonprofit (EIN: 200631947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Housing Virginia Campaign Inc a good charity?
Based on the provided IRS 990 data, Housing Virginia Campaign Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to its mission by reporting 0% officer compensation, ensuring funds are maximized for programs.
How has Housing Virginia Campaign Inc's financial health changed over time?
Housing Virginia Campaign Inc has shown significant financial growth and improved health over the past decade. Revenue has more than doubled from $385,240 in 2015 to $1,072,443 in 2023, and assets have grown from $204,648 to $863,837 in the same period, indicating robust financial management.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that executive leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, allowing more resources to be allocated to programs.
Filing History
IRS 990 filing history for Housing Virginia Campaign Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Housing Virginia Campaign Inc's revenue has grown by 346.6%, moving from $240K to $1.1M. Total assets increased by 243.8% over the same period, from $251K to $864K. Total functional expenses rose by 307.5%, from $227K to $923K. In its most recent filing year (2023), Housing Virginia Campaign Inc reported a surplus of $149K, with revenue exceeding expenses. The organization holds $72K in liabilities against $864K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $792K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $923K | $864K | $72K | — | View 990 |
| 2022 | $933K | $949K | $660K | $17K | — | View 990 |
| 2021 | $767K | $674K | $796K | $137K | — | View 990 |
| 2020 | $578K | $477K | $598K | $32K | — | View 990 |
| 2019 | $593K | $484K | $619K | $0 | — | View 990 |
| 2018 | $704K | $645K | $510K | $0 | — | View 990 |
| 2017 | $643K | $505K | $450K | $0 | — | View 990 |
| 2016 | $630K | $523K | $312K | $0 | — | View 990 |
| 2015 | $385K | $461K | $205K | $0 | — | View 990 |
| 2014 | $399K | $529K | $281K | $0 | — | View 990 |
| 2013 | $630K | $485K | $410K | $0 | — | View 990 |
| 2012 | $280K | $273K | $258K | $0 | — | View 990 |
| 2011 | $240K | $227K | $251K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $923K, and assets of $864K (revenue +15.0% year-over-year).
- 2022: Revenue of $933K, expenses of $949K, and assets of $660K (revenue +21.7% year-over-year).
- 2021: Revenue of $767K, expenses of $674K, and assets of $796K (revenue +32.6% year-over-year).
- 2020: Revenue of $578K, expenses of $477K, and assets of $598K (revenue -2.5% year-over-year).
- 2019: Revenue of $593K, expenses of $484K, and assets of $619K (revenue -15.8% year-over-year).
- 2018: Revenue of $704K, expenses of $645K, and assets of $510K (revenue +9.5% year-over-year).
- 2017: Revenue of $643K, expenses of $505K, and assets of $450K (revenue +2.1% year-over-year).
- 2016: Revenue of $630K, expenses of $523K, and assets of $312K (revenue +63.5% year-over-year).
- 2015: Revenue of $385K, expenses of $461K, and assets of $205K (revenue -3.5% year-over-year).
- 2014: Revenue of $399K, expenses of $529K, and assets of $281K (revenue -36.6% year-over-year).
- 2013: Revenue of $630K, expenses of $485K, and assets of $410K (revenue +125.0% year-over-year).
- 2012: Revenue of $280K, expenses of $273K, and assets of $258K (revenue +16.6% year-over-year).
- 2011: Revenue of $240K, expenses of $227K, and assets of $251K.
Data Sources and Methodology
This transparency report for Housing Virginia Campaign Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.